02/03/2021 | Press release | Archived content
Atlanta, Ga. and Jacksonville, Fl. February 3, 2021
OmniMax International ('OmniMax', or the 'Company') has acquired Florida Metal Products, Inc. ('Flamco'). Flamco is a leading manufacturer of residential roofing products throughout the Southeast and Southwest markets. It will operate as a subsidiary of OmniMax and be integrated into its Residential segment in a complimentary manner to OmniMax's residential building and roof drainage products, including its Berger brand. The combined companies will greatly benefit customers of both firms, providing a broader product portfolio, enhanced service across broader geographies and increased investments across the new manufacturing footprint.
Rick Brown, CEO OmniMax: 'We are excited to add Flamco to the OmniMax portfolio of businesses, which aligns perfectly with OmniMax's strategic vision to be a leading building products manufacturer and specifically supports our growth in the residential roofing sector. Flamco will further bolster OmniMax's reach in the residential repair and remodel market through both the roofing distribution channel as well as the home center/hardware channel. Their geographic footprint in the Southeast and Southwest centered around its plants in Jacksonville, FL and Waco, TX reinforces OmniMax's reach in those regions and compliments its strong Berger brand of products. We are excited to welcome the Flamco employees into OmniMax and look forward to working with them to further enhance the company's strong 100-year foundation that has grown under the leadership of the Jones family.'
Lee Jones, President of Flamco: 'We are excited to join the OmniMax family and continue to grow the great business we have built. Our employees see this as the perfect opportunity to join the industry-leading brands and serve our customers in even more creative and valued ways. We are confident that with the support of the ownership group at SVPGlobal, we will be able to invest in our manufacturing facilities to bolster our service to customers, provide a broader spectrum of products and continue to grow our footprint in the Southeast and Southwest, as well as our emerging presence in the Midwest region. I look forward to joining the OmniMax team and working with them to continue to build the Flamco brand for generations to come.'
Financial terms of the transaction were not disclosed. The deal closed on February 2, 2021.
About OmniMax International
OmniMax is the leading national manufacturer of residential building products and a top supplier of products for outdoor living, recreational vehicle, and other building end markets with 2020 sales of approximately $700 million. As America's market leader in the residential roof drainage market, OmniMax has unrivaled scale, top brands such as Amerimax and Berger, and longstanding relationships with the nation's largest home center retailers and building product distributors. The Company's high-growth outdoor living business is a manufacturer of outdoor shade and exterior structures through brands such as Equinox, Alumawood, and Knotwood. OmniMax's commercial segment supplies made-to-order metal roofing, wall panels, and architectural products for large, custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which is benefiting from strong outdoor recreation and living trends. OmniMax International is owned by funds managed by Strategic Value Partners, LLC and its affiliates (SVPGlobal), a global investment firm with more than $10 billion in assets under management, established by Victor Khosla in 2001. Learn more at www.omnimax.com and www.svpglobal.com.
Florida Metal Products (Flamco) is a leading manufacturer and distributor of quality residential building products, providing a full line of accessories and components for residential roofing and siding. With manufacturing locations in Jacksonville, FL, Waco, TX and Chicago, IL, Flamco services a national customer base with the strong geographic presence in the Southeast and Southwest, as well as an emerging focus in the Midwest. Learn more at www.flamco.com.